Labor offers superannuation compromise

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Superannuation measures announced in Budget 2016/17 have been in limbo for months, so Labor has taken a big step forward by offering a compromise on the Federal Government’s proposed changes.

In a speech to the National Press Club yesterday, Bill Shorten ramped up pressure on the Government by offering to negotiate on the parties’ proposed reforms. Mr Shorten said he would support the placing of a $500,000 lifetime cap on non-concessional contributions as long as it was prospective and not backdated 10 years. To make up for the lost revenue, Mr Shorten recommended the scrapping of three of the Government’s proposed reforms: allowing catch-up concessional superannuation contributions, harmonising contribution rules for people aged 65 to 74, and allowing tax­ deductions for personal super contributions.

Treasurer Scott Morrison yesterday rejected Labor’s proposal and criticised its opposition to the three reforms, suggesting that blocking these measures would “hollow out crucial support designed to assist more Australians to be independent in their retirement”.

“The big reasons why we made so many changes to superannuation in the last budget was to make it more flexible, to make it more sustainable, to ensure that the tax incentives that are in the superannuation system are going further and working harder to ensure more and more Australians are able to be self-supporting in their retirement and not dependent on a pension or a part pension,” Mr Morrison said.

Mr Shorten claims that his offer is the first of many to come from Labor, as an attempt to “reach across the aisle” and work with the Government to repair the budget.

Superannuation reforms are now at the mercy of the Greens, who are demanding their own changes; or the Senate backbench, who are not close to reaching consensus on the package.

Read more at www.theage.com.au
Read more at www.afr.com

Opinion: Bipartisanship on the lips

Opposition Leader Bill Shorten has tried a new strategy this month by calling on the Federal Government to adopt a spirit of bipartisanship to repair the budget.

“At the beginning of a new Parliament, I call on Mr Turnbull to help set a new tone. Put the nation ahead of partisan politics, join with me in locking-in these changes with lasting benefit to our nation’s bottom line,” said Mr Shorten.

While Mr Shorten has all the right intentions, he must also realise that bipartisanship goes both ways in regards to reform and that any of the $8 billion in suggested budget repairs need to represent the over-arching views of the general public.

The political landscape has had the proverbial gearbox stuck in neutral for several years though it seems Mr Shorten has put his foot on the clutch and moved us into first gear. Let’s hope that the Federal Government is willing to work with the Opposition on future proposals and reforms so that we can repair the budget and make Australia great again.

What do you think? Do we need bipartisanship or should we simply be backing in the proposals of the Government that was voted in?

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152 Comments

Total Comments: 152
  1. 0
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    It says heaps about this next coalition government that Shorten is trying to reach a compromise but Morrison can do nothing other than get himself in front of the cameras and attack Shorten for not giving blanket support without any details being supplied. This is classic behaviour from this bad government and the same deal as has been the case since Abbott was in opposition.
    It is clear that we will be at the polls again early next year and hopefully the mentally challenged in our nation will see this crew for what it is and send it on its way. The nation has already suffered enough and needs a change, not the next deadbeat bunch of misfits wanting their dictatorship and serving their political masters at the big end of town whilst trying to crush average citizens.

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      Every thing Morison said on the ABC this morning ( If he said anything at all?) was what Labor did !! So what !! 🙁 Its over now !! Why don’t those Incompetent Twits get on with trying to Govern the Country instead of Blame Blame Crap ? They have done Absolutely Nothing in 4 Years Except ATTACK the POOR !! 🙁 🙁

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      It’s funny how chief clown Corman last said that Labor did not know that the election was over. Sounds like Morrison is on the list.

  2. 0
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    Scott Morrison is nothing but an ignorant, smirking parisite as are so many of that lot

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      “The big reasons why we made so many changes to superannuation in the last budget was to make it more flexible, to make it more sustainable, to ensure that the tax incentives that are in the superannuation system are going further and working harder to ensure more and more Australians are able to be self-supporting in their retirement and not dependent on a pension or a part pension,” Mr Morrison said.
      What a load of crap!! How he he seriously say that the changes are MORE FLEXIBLE?

    • 0
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      PlanB,
      Did you forget “an ARROGANT, smirking parisite”??

    • 0
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      Thanks Patriot

      Correction to the above

      Scott Morrison is nothing but an ignorant, arrogant, smirking parisite as are so many of that lot.

    • 0
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      And bill shorten is nothing but a stupid, welfairy, budget destroyer who cannot accept that he LOST the ELECTION!

    • 0
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      Morrison is saying that all he knows is to pull levers. He has the imagination of a parrot. we have a lot discretionary money sloshing about in this country – so what is needed is creative, imaginary thinking to convert that into real investment in growth opportunities – technology, education, research, innovation, energy, food and farming practices and so on. Instead all he knows is tax economics – tax the poor and give to the rich. The Sheriff of Nottingham rises again.
      Good thing the population is ignorant and stupid and lets it happen otherwise they couldn’t pull it off. All the citizenry want is titillation and excitement and moving scenery. Doesn’t matter that it’s a train coming down the tunnel at them at high speed. Idiots can’t even hear the whistle. Sad!

    • 0
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      Bill Shorten = borrow borrow borrow, spend spend spend like all labour jerks the wide world over. Note labour not labor.
      He is also a Champagne socialist. I wish evil on him and the sooner the better.

    • 0
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      fred: Abbott/Turnbull have ADDED more than $100 billion to our debt. Borrow, borrow, borrow???? Didn’t Abbott get himself elected on paying down the debt or has that been forgotten? I thought so.

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      mick if you borrow money ..you have to pay interest

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      Abby, Mick doesn’t realise that many of our previous government’s (labor) spending commitments continued for a couple of years after we kicked them out. Spending commitments such as the Gillard favourite Global Education Fund and the Clinton Foundation.

  3. 0
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    The big end of town will always fight to the death to protect their way of life and no amount of compromise by battling Bill will ever come to past.They would rather see Australia down and out which is not far away.

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      Pretty well describes what we have been witnessing since Tony Abbott was opposition leader.

    • 0
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      I agree with all the above comments

    • 0
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      Yep, looney. We have trade ties with China and defence ties with America, and we screw up nearly every one of these critical international relationship we enter into.
      The country is being crippled in its economic, defence and international affairs and the palookas in government now are all somewhere up their own posteriors.
      They are full of hubris and the simple day to day running of the country is beyond them in practice (bit not in PR fog). All they know is electioneering.
      They certainly proved at the last election that well and truly half of the population has an IQ below average. At least they got that right.
      I guess what concerns me at the end of the day is that all of our traditional values are being diluted bit by bit and everything of value has been converted into a KPI and has to have a monetary price put on it. How do you put a dollar value on compassion, kindness and looking after one’s neighbours and citizens?
      How do you put a value on so many of the values we used to hold dear – the unspoken values we fought for and developed over so many of the formative years of this nation?
      You are dead right – they are only interested in their own agendas – the IPA agenda.
      I won’t complain if the whole thing comes crashing down around them – and it will if Morrison doesn’t zip his mouth. A new election is a great idea. We are well used to elections now. Might as well spend the money on that rather than hand it all to China, American arms dealers, and the big end of town.

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      Scrivener, what a sad man you are, go and live in Moscow or North Korea, you would fit in there.

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      fed: you need to go live with Rupert as you share the same dictatorship ideals. You will be happy kissing Rupert’s boots. Enjoy!

  4. 0
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    bill don’t take any rubbish from turnball/ Morrison or any other liberal backstabbing clowns we all know why parliament was raided yesterday because the nbn was turnball complete stuff up and his lies he is just trying to cover his backside from broken promises and lies if the proposal is no good for all Australians block it the liberals don’t ever say what they are proposing just lies after lies.

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      No jamesmn, parliament was raided by the AFP because of an ongoing investigation into who leaked confidential documents which is against Federal law. There may have been stuff-ups but they have no bearing on what the AFP are doing.

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      First a Royal Commission into pink batts deaths. Then a Royal Commission into unions/Labor. Now doing what n government has done before and sicking the Federal Police onto an opposition to AGAIN smear.
      You must be kidding Old Man. Stop posting propaganda and start addressing the game which is being played as this government seeks to smear their way into office. And you wonder why I allude to this bunch of low life as a dictatorship waiting to happen. This is how dictatorships behave.
      Ultimately it will come out if COnroy has a case to answer one way or the other. BUt make no mistake, if he is exonerated this malicious government will still keep maintaining guilt. That is what it has done for the past 5 years. It needs to go.

  5. 0
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    It is clear that this government has learnt nothing from the mistakes of the Abbott/Hockey budget proposals rejected by the Senate. Until they offer a balanced budget that does not directly target the least well off in the community I do not see any chance of a bipartisan approach

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      This government is totally blind not to see what the electorate thinks of them and their proposals. Something really stinks here and money under the table is not out of the realms of possibility. To print the from and to is liable without definite proof, but, I believe, it will be forthcoming shortly.

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      Pendrey, I guess you’re saying that those who made it possible for the Unions to almost destroy us should be rewarded in some way? They should not be responsible?
      That is what I find hard to understand these days. Nobody wants to be accountable when things go pear shaped.

    • 0
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      Well Frank I do not know why you talk about the Unions. This is a discussion about Superannuation. The Superannuation system is not working as it was intended. It is supposed to take the pressure off of the government with employees paying into a fund during their working lives so as not to require so much welfare when they retire. As it is people are treating their balance as an asset and still getting the pension. What has this got to do with the Unions?

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      Plenty Pendrey, I think you should re-read the article.

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      Didn’t you know Pendrey, Franks’ Mum was scared by a Unionist when she was carrying him and he has wet himself at the very mention of Unionists ever since. Maybe he can seek counselling and rid himself of his irrational fears.
      Frank has one good point though, why would you let a Union take you to the barn when there are plenty of Bankers who will do the same thing quicker.

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      Think ex PS that you could possibly be right.
      Have re read the thing and I still find the reference to Unions and rewarding people to be obscure and irrelevant.
      Surveys show that many people when presented with irrefutable evidence that they are wrong will still not change their minds. So I will still ask ‘ what has that got to do with the Unions?’

    • 0
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      Agree with your sentiments Pendrey. Frank is just pushing coalition propaganda so you won’t get an honest or factual discussion from him.
      Your post about Hockey/Abbott is quite correct and Turnbull and his cronies have signalled that they intend to run the same big business agenda it presented at the last budget. This is what the rotten to the core coalition calls ‘government’.
      Get ready for another election. Early next year I’d say….but let’s give the cretins the opportunity to back down. I’d say their arrogance and contempt for the majority of Australians will not allow them to back off though.

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      I can’t see how the 13% of worker’s covered by unions actually come into it either unless it is the defined benefit contributors. All their contributions are non concessional. What happens to them once $500 000 is reached?

      Perhaps there are plans to even things up and finally give these workers a few of the tax minimisations everyone else is getting.

    • 0
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      Not from a coalition government Rae. Sacrilege!

  6. 0
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    At least Bill Shorten is appearing to be co-operative. He’s making the right sounds. We will see.

    • 0
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      As long as Mr Shorten gets his way! Mr Shorten should remember that he did NOT win the election and stop grandstanding as though he did.

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      As you can see Frank, their are politically motivated sheep out there who are incapable of acting or thinking in a rational manner and will always act along tribal lines. It is a pity that they appear to be present on both sides.
      I agree with you, someone has to have the guts to take the first step and start thinking about the future of our country more than the future of a tired old traditional political party.
      The party that achieves this will be the one that I will be most likely to vote for in the next election. Any party that wants to guarantee my vote will close down the concentration camps that both the so calleds should be ashamed off.

    • 0
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      KSS, it is such a good thing to see someone who isn’t weighed down by all the stupid looney left crap, thank you. Shorten and the leftie lot did NOT win the election and he should just keep his stupid mouth shut. The Australian people voted in the Coalition and hence voted for the reforms they want to put in place. They didn’t vote for labor’s stupid welfairy policies.

    • 0
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      A strange post from you Frank….although right to the script from KSS.
      Shorten has offered to be bipartisan….unlike the Abbott monstrosity in opposition who was happy to destroy the country to get into office.
      I respect the fact that Labor is offering to assist good government and the INdependents are on the same page too from what I can see. Unfortunately you have a (small) group of megalomaniacs controlled by big business who keep saying ‘my way or the highway’. That is not government. It is bastardry and betrayal of the country for its own aims….which have nothing to do with the nation whatsoever.

    • 0
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      KSS, he has no choice. He does what the unions tell him to do. OK, the unions are now democratised which was evidenced by Shorten winning over Albo. Strange, I thought democracy was a majority rules process? Anyhoo, Shorten does have some say I guess. More than Rudd, and more than Gillard may have had.

    • 0
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      You love to twist the facts and throw mud Frank. Look at the scum which calls itself our government. If you associate with this sort of political party then it makes a statement about what sort of human being you are. Not pretty.

    • 0
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      What is Bill’s hidden agenda? he looks and sounds more like Stan Laurel every day, is he a love child of Stan Laurel I wonder, another fine mess you got me into Olly.

    • 0
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      fred, Shorten’s hidden agenda is to introduce a Union democracy. Albo has experienced Union Democracy first hand.

    • 0
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      And Morrison sounds like the Grim Reaper trying to scare the kiddies.
      Turnbull is still working on the Abbott dictatorship: telling everybody how to vote, giving money to his rich mates and directing media to run his propaganda.
      Tell your mates at Liberal Party HQ to pull the other one Frank.

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      Frank is still banging on about Unions

    • 0
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      Pendrey is still apologising for the unions.

    • 0
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      If we had no unions Australians would be earning $5 an hour and told it was too much.
      The truth is that fraud at the top end of town makes any union malevolence look like child’s play. The sums of money defrauded from the taxpayer base are be humongous……aided and abetted by coalition governments who pave the way. And poor little Frank talks about unions to shift the focus? Standard Liberal Party behaviour.

    • 0
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      Totally agree KSS
      Everytime you turn on the ABC … there is Bill Shorten … one would not mind if he looked like George Clooney 😉

  7. 0
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    ‘Mentally challenged’ people saw the nonsense Government of Rudd/Gillard circus and threw lLabor where they belonged, onto the opposition side of Parliament. This Liberal Government is not a good one, but the last few Labor Governments were totally abysmal.

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      mogo51, they were worse than that!

    • 0
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      mogo51, your statement appears to state that mentally challenged people through out the Rudd/Gillard government, if that is what you mean I totally agree. The people who voted for the LNP were not very bright.

    • 0
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      And that’s why we are all now paying for the massive, sociological and economic disasters that were endowed to us by those so called great economists John Howard and Tony Costello.
      Do your homework before you start introducing nasty biased politics in what should be a most serious discussion.
      Without bipartisanship we will get nothing as was the result of the previous Abbot/Turnbull 3 years and see what we got from Howard and Costello in their 2001, 2004 and 2007 budgets. Yes, everything that we are trying to and have to fix up now. Disastrous!!! Name just ONE generational beneficial decision made during Coalition governments in the 21st century. Expect nothing from this one UNLESS they use Labor policies. This Coalition government had none in their previous 3 year turn and there is nothing better to look forward to this time.
      I can already see them blaming the Senate AGAIN!!! Ugly.

      And that doesn’t include going hand in hand with Bush to invade Iraq. How many more years will we be paying the human price for what that CAUSED?????
      Howard was a catastrophe and no wonder he was the only sitting Prime Minister who even lost his own seat!!! What does that tell you, so he’s removed his glasses and hopes that people won’t recognize him.
      How are you going to enjoy having $7 to $11 per week taken out of your pension???

    • 0
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      Agree with you Grateful —

      Howard needs to be tried for war crimes –as well as Blair and Bush — he was and is a sneaky little scum bag

    • 0
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      mogo51: Actually Rudd and Gillard produced policy as well as throw cash in to keep the nation working. Your issue is that they should have let 20% of the nation lose their jobs like the rest of the developed world. Such a rich man’s view of the world!
      The reality is that Gillard put a heap of good legislation through the parliament and Rudd kicked off the NBN, something NO LIBERAL GOVERNMENT would ever do unless it were demanded by big business.
      Your post avoids the fact that Liberal government never do anything other than try and screw workers + give lower taxes and rorts to the rich whilst Labor governments bring in the big policies which advantage the whole nation: universal superannuation, medicare, paid holidays, the NBN, etc. Were it not for Labor governments we would all be the lackeys of the rich. But then that is what your agenda appears to be. May your children curse you for such behaviour.

    • 0
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      Agree Rudd/Gillard years were very dismal and did a lot of damage to our country. Their support of welfare made us a nation of welfare dependent people today.

      NBN was never going to work but at least the LNP is doing it’s best to make it work. I can’t see why anyone would need very fast internet at their homes anyway.

    • 0
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      Look up the meaning of the letters GFC Geezer. Apparently you believe that the Rudd era was a prosperous era in out history and that everything was hunky dory.
      The NBN should have been implemented as per plan. It was undoubtedly designed by engineers rather than politicians but that did not stop Turnbull from all but destroying it. So why do you think Turnbull is trying to hide the truth? We already know that costs have blown out from Turnbull’s changes and we now have an at best mediocre NBN which has cost as much as the original proper model.
      So how much are you being paid to post the above propaganda?

    • 0
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      The GFC was just one of the road blocks that I have had to negotiate along my wealth planning pathway. If you were invested well you should not have had a real problem with the GFC. I really think Rudd over did it and failed miserably as most of the stimulus went overseas and failed to circulate around in our economy.

      NBN would not have worked with the original plan.

      I’m being paid as much as you will pay me Mick. So when can I expect to receive yo cheque?

    • 0
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      Togo. LIKE.

    • 0
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      Nonsense Geezer.
      The GFC was a wonderful buying opportunity for those with money. I made some good purchases but wealthy folk were able to go on a shopping spree. They did. What you avoid is what would have happened to workers had the government of the day not kept the nation turning over. Tell me one other western nation which did not have mass unemployment.
      The NBN? It may have taken longer to do under the Labor model but better to do the job right first time than botch it up and have to pay a second time. Clearly your time in government has blinded you to the doing things properly. So now we have a third rate NBN which has cost the same as the original model……which was costed at the time.
      Pay you? Methinks your parliamentary pension is already an overpayment so take it up with Scott.

    • 0
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      OK I’ll split my parliamentary pension 50:50 with you then. Problem is 50:50 of nothing is till nothing. Yes I have been to the new parliament house in Canberra. Once but haven’t ventured into any of the other ones in Australia. I did have a pickie taken outside the Beehive in Wellington earlier this year but didn’t go in.

      Yes GFC was a good buying opportunity but it makes no sense buying stuff you don’t need. I’m still shaking my head over some of the things that government wasted money on with the GFC. Very foolish and we still have their legacy to pay back on the never never.

      Wireless internet is the future now not that cable stuff of yester year.

    • 0
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      Yeah Geezer…..we should have let a couple of million Australians lose their jobs during the GFC as happened in other countries. You would have scream ‘murder’ had that happened to your kin. Now having a bet each way.
      Wireless internet? I’m not an expert but unlikely wireless will ever run the amount of data a fibre optic cable will and also satellites cost billions to put into orbit, are susceptible to damage and would clog up earth’s orbit. Your view on wireless sounds like the same ramblings from our PM when he was the Shadow Communications Minister. There is a reason why the rest of the world is putting down cable.

  8. 0
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    Shorten is a wolf in sheep’s clothing. He doesn’t want to help, he wants the government to look bad and block everything even if it sends us broke. It will make him have a good argument next election. We are spending to much and not getting anything back. It’s alright to knock it but how would you pay off our dept. Nothing is getting past in the senate because everyone wants something and Shorten only wants to stuff the government.

    • 0
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      This Government is doing very nicely to stuff itself & theCountry, it does not need Shorton’s help.

    • 0
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      You’re right Phantom. Shorten has no intention of taking a bi-partisan approach to fixing the budget problems already caused by the looney left. His idea of “bi-partisan” is to insist that the Government do what he wants. He and his leftie mates are very, very dangerous and will be the downfall of our country. Shorten has no intention of working to fix the problems he and his mates caused, he just wants to take us into further debt to help his drunken sailor approach.

    • 0
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      A post straight from Liberal Party HQ phantom. What a rusted on stoolie!

    • 0
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      Agree phantom, 100%.
      Shorten cannot be trusted. He was the one with his hand up the back of Rudd and Gillard. He’s nothing but a bloody minded unionist. We need people with a vision and love of Australia to steer us out of this mess created by Shorten and his ragtag mates.
      The AFP tried to get the stolen NBN papers from Conroy’s office. He is hiding his ineptitude under parliamentary privilege. We may never know the full story of the red undies?

    • 0
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      Can anyone really expect Turnbull and Morrison to lower themselves by accepting anything that Labor will put up and indicate that they need help?? Those two would be the most arrogant politicians in Canberra. Shorten will keep offering it because WHEN they go to the next election, should be well before three years but it won’t, surly Turnbull has learned his lesson??) he can use that as a huge plus to the electorate.
      Just watch Morrison in particular and Turnbull crawling to the cross benches as they certainly do have something in common, they all want to try to hold their jobs and be seen to be doing something!!!!
      So far, all we’ve seen since the election are threats to reduce the Unemployment Benefit and cut all other pensions, BUT, to keep handing out those $billions to the highest paid workers and multi national companies. That’s a great way to start trying y to be bi-partisan???

    • 0
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      That’s about where it stands Grateful. The Turnbull crew will be like the Abbott crew before him. They will destroy anything of Labor that they can irrespective of the cost to our country.
      Expect Turnbull to tell the crossbench what to do. His style. Election coming.

    • 0
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      It is really worth listening to their words.

      Corman and Morrison make all decisions based on serving government and business.

      Listen to the words they use. Says it all.

    • 0
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      Frank has dragged the Unions into it again. Irrelevant

  9. 0
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    What I don’t understand, especially when I continually read the comments written below, is with the huge percentage of Baby Boomer Gen Pensioners, holding such a large % of voting power, how could the Liberal/Coalition have possibly got back into Government. Unfortunately I believe many of our generation are not prepared to take a stand and sit and wait for someone else to fix it.

    • 0
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      Old people with fixed habits who have given up caring and do not listen to discussion of the issues is the only thoughts I have to answer your question.
      Only the mentally challenged could vote LNP after Abbott and Turnbull ran the show for 3 years. Decent people would not vote for a bunch of malicious low life lying cretins like the current lot.

    • 0
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      They will take notice when it is their pension being cut in the latest austerity drive. Just a matter of time really.

    • 0
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      Probably on the money with that Rae.

  10. 0
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    Here we go, the COALITION are already coming out with “lets blame Labor” if nothing of ours is passed. Don’t forget people, the Liberal party would never govern if they were not in COALITION with another political party. Not only do they have to make the opposition happy but cross benches and there own mates in COALITION . Being permanently in COALITION with another political party reduces the clout the Liberals would otherwise have if able to govern in their own right. Unfortunately for the Liberal Party they will never govern in their own right whilst having to yield to Queensland. To govern in a COALITION is difficult at any time but to be permanently in COALITION makes the Liberal party a bunch of indecisive scatter brains that continually see fit to rule by dictatorship (Don’t You Worry About That) rule, sound familiar

    • 0
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      That’s all you’ll ever get from the coalition. Blame somebody else, not themselves. I wish more voters could see through this as the nation has been thrown into the gutter since Abbott was in opposition and the current reincarnation of the same cretins are still at it.

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